Cover image for Saving capitalism : for the many, not the few
Saving capitalism : for the many, not the few
Saving capitalism : for the many, not the few
Physical Description:
xvii, 279 pages : illustrations ; 25 cm
The free market. The prevailing view ; The five building blocks of capitalism ; Freedom and power ; The new property ; The new monopoly ; The new contracts ; The new bankruptcy ; The enforcement mechanism ; Summary : the market mechanism as a whole -- Work and worth. The meritocratic myth ; The hidden mechanism of CEO pay ; The subterfuge of Wall Street pay ; The declining bargaining power of the middle ; The rise of the working poor ; The rise of the non-working rich -- Coutervailing power. Reprise ; The threat to capitalism ; The decline of countervailing power ; Restoring countervailing power ; Ending upward distribution ; Reinventing the corporation ; When robots take over ; The citizen's bequest ; New rules.
Outlines how the American economic system is failing, with increasing income inequality and a shrinking middle class, and reveals how a market designed for broad prosperity can reverse the trend toward diminished opportunity. --Publisher
Production, Publication, Distribution, Manufacture, and Copyright Notice:
New York : Alfred A. Knopf, 2015.